Income Tax Exempt Travel - TravelPUNK Backpacker College Student Budget Travel Message Boards!



Go Back   TravelPUNK Backpacker College Student Budget Travel Message Boards! > Members Lounge > Budget Travel Community > General Discussions
Register All Albums FAQDonate Community Calendar

General Discussions ANYTHING GOES HERE, BABY! Woot! Woot! Need I say more?!

BOOYAHKASHAA!

Raileurope.com: See Europe by train
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 03-18-2005, 04:27 PM   #1
JiveTurkey
TPunk Recognized
 
Join Date: Jun 2004
Location: Orlando, FL - Abaco, Bahamas
Posts: 398
Thanks: 0
Thanked 0 Times in 0 Posts
Send a message via AIM to JiveTurkey
Default

Ok, so I have been told now that I leave the US on June 1st to start living in the Bahamas for work.. So I had a meeting with one of the people on this project and he told me he gets to keep all of his taxes cause he is not in the states for more then 35 days a year..

So, I wanted to look into it.. and I did.. and he was right!

The good thing is that this is not just for people who have to work in other countries; it's for travelers too! Here is the thing...

You have to be out of the country (USA) for 330 days in a 12-month period. The 330 days do not have to be consecutive. So you can come back for a week here and there.. as long as the days spent in the states don’t go over 35 in the 12 month period.

It can start anytime, it does not have to be in January it can be anytime during the year.

The cool thing is that you don’t have to be working out of the country to qualify for this. You can just be out of the country on vacation!

So if any of you Tpunks out there plan on kicking it ghetto fab out side the US for over 330 days then I would look into this!

If you want more info you can go to the IRS site or just click HERE

Hope this helps someone out! It will give me over $10,000 .. so really it will pay for all my personal travel this next year.. awesome!
__________________
MYSPACE PAGE Don't Look!!!
JiveTurkey is offline   Reply With Quote
 







Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Income in the UK chris_exy8 Studying, Living, Working, Volunteering Abroad, Expats 2 09-29-2005 02:11 AM


All times are GMT -7. The time now is 05:12 PM.



 

Search Engine Friendly URLs by vBSEO 3.2.0 (Unregistered)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121